| Kid-friendly banking |
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Got a summer job, kid? Whatcha gonna do with all the money you’ve earned? Blow it at the mall? Save some for a rainy day? If you’ve outgrown stashing your extra cash in a piggy bank, it’s time to establish a relationship with a bank. While Mom and Dad can probably help you open an account at any bank, more banks are offering age-specific products for tweens, teens and young adults. Some are little more than free or low-fee checking accounts that are marketed toward young people with special programs, and which can be held jointly with parents or other adults. But youngsters also have other options, such as pre-loaded Visa cards that can be set up to take regular deposits online. Thinking of getting a jump-start on your financial future? Take a look at some of the pros and cons of several accounts and programs geared toward the young, all available locally and/or online. To purchase full article, click This e-mail address is being protected from spambots. You need JavaScript enabled to view it . |